Douglas Elliman Real Estate
Listed by Douglas Elliman Real Estate Roslyn, Douglas Elliman Real Estate
$1,398,000
19314 Jamaica Avenue
Details
APN 10821-0043
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 4,400
Cap Rate 7.48%
NOI $96,400
Occupancy 25%
Class B
Year Built 1901
Stories 3
Acreage 0.043
Zoning R5
Fully renovated Mix use building for sale
Marketing description
Presenting A prime Retail Investment Opportunity in Hollis ,New York. This Distinguished Property Features a 4,400 SF Building With Three Units: Two Apartments And One Retail Space. The apartments offer high ceilings, a basement, and a backyard. Originally Constructed in 1901,the Building Underwent a Full Renovation in 2023, Seamlessly Blending Classic Architectural Charm With Modern Amenities. Situated in the Vibrant Hollis Area, This Property Presents a Strategic and Promising Investment for Retail Entrepreneurs Seeking a Thriving Location With Strong Foot Traffic and Community Appeal. Don't Miss the Chance To Be Part Of The Dynamic Retail Landscape In This Prime Location.
Listing Contacts
Douglas Elliman Real Estate
Listed by Douglas Elliman Real Estate Roslyn, Douglas Elliman Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,400.00
$8,033.33/mo
Valuation Metrics
0
DSCR
6.9%
Cap Rate
6.9%
ROI
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